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The English Premier League (EPL) has stated that most of its clubs favor a voluntary ban on sports betting front-of-shirt sponsorships. However, this doesn’t mean they can’t partner with gaming platforms, and Aston Villa FC has teamed up with cryptocurrency gaming platform Duelbits. Danny Ings of Aston Villa FC celebrates after scoring the first goal in the team’s season opener against Everton FC. The club has signed Duelbits as its official European betting partner. (Image: Getty Images) The proposed ban, which the EPL’s clubs will vote on later this year, hasn’t stopped clubs like Everton from striking sponsorship deals. It also wouldn’t prevent them from entering into partnerships with gaming …

Matthew J. Turnipseede, 49, of Las Vegas, Nev., was indicted Thursday for defrauding 72 investors out of more than $8.5 million. A Las Vegas resident has been indicted for running a Ponzi scheme that stole $8.5 million from investors. According to the US Department of Justice, Matthew Turnipseede’s sports betting business was fraudulent. (Image: boydsbets.com) Turnipseede promised investors double-digit profits via sports wagering, the US Justice Department’s Northern District of Ohio Division alleges. He was charged with 12 counts of wire fraud and one count of mail fraud. From March 2015 to May 2021, according to Turnipseede’s indictment, he induced victims to invest in companies he owned by claiming they …

Like so many online sportsbook operators, Rush Street Interactive (NYSE:RSI) struggled to reach profitability following its initial public offering (IPO). But those dark days could be drawing to a close. A Bet Rivers sportsbook in Illinois. Operator Rush Street Interactive is stemming losses. (Image: Wall Street Journal) The gaming company reported a second-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) loss of $19 million — well below the $43 million it lost in the March quarter. That’s a positive sign, because RSI and some of its peers have been dealing with steep EBITDA losses for several quarters. Roth Capital analyst Edward Engel believes RSI can become profitable in the …

The Massachusetts Gaming Commission (MGC) today held its first meeting since state lawmakers passed legislation to authorize sports betting. Massachusetts Gaming Commissioner Bradford Hill expresses concerns during the agency’s virtual meeting on August 4, 2022, that the public might think legal sports betting is imminent. The regulator says time is needed to finalize sports betting regulations before the state will review applications and issue licenses. (Image: Massachusetts Gaming Commission) The special sports betting joint conference committee last weekend reached a compromise between two competing sports gambling measures. The separate rules were passed by the Massachusetts Senate and House, then reconciled. The resolution was approved just hours before the legislature adjourned …

Following the monsoonal rains that pummeled Las Vegas last week, a 3-inch rise has been measured in Lake Mead’s historically low water level, according to a report in the Las Vegas Review-Journal. Is this silver lining to the downpours something to be celebrated? A viral Twitter video shows flooding at the Circa sportsbook last week. (Image: KLAS-TV) Monsoonal rains last week transformed intersections across Las Vegas into washes. It also sent water cascading from the ceilings of Caesars Palace and Planet Hollywood, as well as from the sportsbook video wall at the Circa Resort and Casino. Power outages across the region even knocked out the Fremont Street Experience pedestrian canopy. …

Circa Sports is lifting its limits on UFC wagering, including a move to accepting up to $50,000 bets on main events on the day those fights are scheduled. The Circa Sportsbook in downtown Las Vegas. The operator is boosting its UFC betting limits. (Image: Los Angeles Times) Circa Sports Sportsbook Director Matt Metcalf made the announcement in a Wednesday tweet. Prior to the day of an event, the sportsbook operator will accept $10,000 bets on UFC prelims, $20,000 wagers on the main card, and $30,000 bets on the main event. On the day of scheduled UFC fights, those limits rise to $20,000, $30,000, and $50,000, respectively. The move is in …

Chicago Mayor Lori Lightfoot will not let the city’s beloved Bears leave for the suburbs without a fight. On Monday, she and other city leaders unveiled their plans to re-renovate historic Soldier Field, where the NFL team has called home for more than 50 years. A rendering of a renovated Solider Field in Chicago that includes a domed roof. Chicago officials unveiled the rendering yesterday as one of three options for the historic football stadium. The city is hoping to keep the Bears from moving to the suburbs, where it already has a deal in place to buy the former Arlington International Racecourse from Churchill Downs Inc. (Image: Landmark Chicago …

Attorneys for PlayUp have filed a motion in federal court seeking sanctions against Dr. Laila Mintas, the sports betting operator’s ex-US CEO. That’s after she failed to produce 17,000 email messages she discussed in her deposition. An ad for PlayUp on the Prudential Center hockey rink used by the New Jersey Devils. The Australian-based gaming company is suing Dr. Laila Mintas, its former US CEO, and seeking sanctions against her. The company states she failed to provide copies of more than 17,000 emails she claimed to have in her possession. (Image: New Jersey Devils) The call for sanctions was filed last week in Nevada’s US District Court. It is the …

Tennis players and umpires around the world are causing a racket. Over the past several months, a number of them have received bans for match-fixing, and two more are now on the list. Chilean tennis player Michel Vernier Quinteros practicing on a court. The ITIA has suspended him following his admission that he rigged matches. (Image: Bola Amarela) The International Tennis Integrity Agency (ITIA) has had to kick out a Chilean tennis player, as well as an Italian judge, for embarrassing themselves and the sport. However, as technology to identify the potential rigging of sports contests improves, criminals such as these find it harder to continue their practice. In spite …

With the Major League Baseball Draft just a few days away, some sports analysts are predicting Druw Jones, son of former MLB slugger Andruw Jones, could be the first overall pick. Druw Jones( left) smiles for a photo next to his father, Andruw Jones (right), in his Braves uniform. (Image: Getty Images) Regarding drafts, the Major League Baseball one is  considered the least popular of the four major sports. It’s because these players, in some cases, haven’t even reached college, so they are much younger and therefore less developed than a player entering the NFL draft. But the MLB draft is looking to create a bigger splash this year. With …